# In the matter of Girish Maganlal Limbachiya vs. Dharmil R Mehta & Ors.

> NCLAT judgment dated 2025-07-03. Citation: TCN-2025-NCLAT-00332. The Appellant states that the amount was already tendered during the pendency of proceedings…

- **Court:** NCLAT
- **Order date:** 3 Jul 2025
- **Citation:** TCN-2025-NCLAT-00332
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/girish-maganlal-limbachiya-vs-dharmil-r-mehta-ors-f4a96929

## Summary

### Background

The Appellant states that the amount was already tendered during the pendency of proceedings before the NCLT, but it was not accepted by the Respondents. The Appellant is still ready to tender the amount.

## Facts

The Appellant had tendered an amount during the pendency of proceedings before the NCLT.

The tendered amount was not accepted by the Respondent Nos. 1 to 5.

The Appellant is still ready to tender the same amount.

The Respondent claims entitlement to interest till 30.06.2025.

The Appellant seeks adjournment to tender the amount again to Respondent Nos. 1 to 5 by Demand Draft.

The Appeal is listed on 10.07.2025.

The impugned order shall remain stayed.

## Issues and analysis

### Issue 1: Whether the Appellant should be granted an adjournment to tender the amount again to the …

**Ratio:** The court considered the

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**Reasoning:** The Appellant stated their

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**Interpretation:** The court interpreted the Appellant's willingness as a positive step towards

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**Application:** The court granted the adjournment and

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## Parties

- **Judges:** Ashok Bh…; N. Sesha…; +1 more
- **Appellants:** Girish Maganlal…
- **Respondents:** Dharmil R…
- **Advocates:** Krishnendu…; Arvind…; +5 more

## Timeline

- **03.07.2025 — Appellant's Su…**: Counsel for the Appellant submits that the amount was already tendered but not accepted,…
- **30.06.2025 — Respondent'…**: Counsel for the Respondent submits that he…

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-new-delhi/girish-maganlal-limbachiya-vs-dharmil-r-mehta-ors-f4a96929